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Search Result for “executed”

Showing 1 - 10 of 107

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Innobic buys Alvogen Pharma

Business, Yuthana Praiwan, Published on 08/12/2025

» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.

BUSINESS

Thailand's quiet wealth: Resilience in a volatile world

Business, Thanachot Nontakatrakool, Published on 01/12/2025

» Imagine living in a neighbourhood where the weather changes without warning. One day the heat rises, the next day the wind shifts, and sometimes the rain falls even when the sky looks clear. That’s what the global economy feels like today rising debt, unpredictable capital movements and mounting currency pressures. But in the middle of this shifting climate, Thailand sits on one of the most stable patches of ground in the region.

BUSINESS

China rice deal negotiations in the offing

Business, Phusadee Arunmas, Published on 18/11/2025

» The Department of Foreign Trade (DFT) is to hold discussions with Cofco Corporation, a Chinese state-owned company involved in the production and importation of agricultural products, over the shipment of 500,000 tonnes of Thai rice.

BUSINESS

TKN shares crash as SEC bans executives for insider trading

Nuntawun Polkuamdee and Online Reporters, Published on 28/10/2025

» Shares of Taokaenoi Food & Marketing Plc (TKN) plunged by nearly 10% on Tuesday as Itthipat "Tob" Peeradechapan announced his resignation as the company’s chief executive and director following civil sanction measures imposed by Thailand's Securities and Exchange Commission (SEC) for insider trading violations.

BUSINESS

Gold surge set to continue as prices hit record highs

Business, Nuntawun Polkuamdee, Published on 22/10/2025

» Gold's bullish momentum is expected to continue for at least two more years, according to local trader YLG Group, citing ongoing central bank purchases, persistent inflation concerns, intensifying geopolitical conflicts, and trade tensions.

BUSINESS

CMAN to Acquire 60% Stake in Indonesian Lime Firm 

Published on 14/10/2025

» Expanding its footprint across Southeast Asia, Chememan Public Company Limited (CMAN) has entered into agreements to acquire a 60% equity stake in PT Bukit Bunea (BB), a subsidiary of Indonesia’s PT Citatah Tbk (CTTH). The acquisition, valued at USD 10.5 million (approximately THB 336 million), will be executed through the purchase of newly issued shares under a Conditional Shares Subscription Agreement (CSSA) and a Shareholders’ Agreement (SHA) with CTTH and its founder, Mr Taufik Johannes. The strategic investment remains subject to customary conditions precedent and is expected to be completed by the second quarter of 2026. 

BUSINESS

Borrowing for fiscal 2026 set at B1.2tn

Business, Wichit Chantanusornsiri, Published on 13/10/2025

» The government plans new borrowing totalling 1.2 trillion baht for fiscal 2026, a slight decrease from 1.22 trillion in fiscal 2025.

BUSINESS

Assurance sought on Land Bridge impact

Business, Molpasorn Shoowong, Published on 24/09/2025

» Southern tourism operators want the government to ensure the environmental impact will be minimal if it intends to press on with the Land Bridge megaproject, as locals hope the scheme will enhance southern cities' competitiveness and increase household income.

BUSINESS

THAI aims to double fleet by 2033

Nareerat Wiriyapong, Published on 04/08/2025

» Thai Airways International (THAI) is preparing to double its fleet to 150 aircraft by 2033 to tap Asia’s travel boom as the flag carrier’s shares resumed trading on the Stock Exchange of Thailand (SET) after completing its five-year business rehabilitation and debt restructuring.